Should US airline industry adopt?

As explained in the attached article, the Naval Air Systems Command, the material support for Navy aircraft, is using distributed ledger blockchain technology to track aviation components through the parts life cycle. The Navy will use this technology to secure information about the aircraft parts and the supply chain involved by using the tamperproof capabilities of the blockchain and inherent security. Rapidly determining the origin and lineage of flight-critical aircraft parts is an extremely important part of the maintenance life cycle of aircraft and airborne systems.

There are many articles about using Blockchain in aviation, Lufthansa Industry Solutions, actively working to introduce the new, highly secure IBM technology.

Generating more transparency in aviation with blockchain technology [website]

Accenture has also initiated programs using for airlines and early results were summarized below:

These are attributes which would appear to be beneficial to the airline parts and MX process:

High level of security

All participants have all access to all of the data

Integrity of the data

Traceability of the data and the underlying parts and/or activities

IBM, Accenture, Lufthansa Industry Solutions, Boeing, Airbus, Bombardier, Embraer, GE, Pratt & Whitney, A4A, RAA, ASA, AIA, ARSA, and FAA might collaborate on a joint industry project to set up a similar pilot project. If successful, Blockchain would improve the inventory control, the integration of the parts/MX system (from OEM to distributers to airlines to MROs, the ability to track SUPs and a whole host of safety considerations.